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Uruguay’s Economy continues to grow

Uruguay’s economy has expanded 3.7% during the second quarter of 2014 making for 10 years of continuos expansion. With the exception of construction, which had a negative performance, all other sectors of the Uruguayan economy expanded during the second quarter compared to 2013. Exports during the period, increased 8.1% in volume on an annual basis while imports increased at a 2.4% rate. Last year the Uruguayan economy expanded 4.4% above the government target and other estimates such as the IMF and World…